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*MAFIA* => News => Topic started by: *MAFIA* Beatlejuice on May 03, 2012, 07:16:10 PM

Title: Will you buy stock in Facebook?
Post by: *MAFIA* Beatlejuice on May 03, 2012, 07:16:10 PM

They're going public:

http://money.cnn.com/2012/05/03/technology/facebook-ipo-zuckerberg/index.htm?hpt=hp_t1

Title: Re: Will you buy stock in Facebook?
Post by: *MAFIA* Scooby on May 03, 2012, 08:04:38 PM

Opening price is expected to be $28-$35. This will apply to the people who are actively trading and on the floor at the time. For everyone else, the price will be much higher since we won't be as fast.

I think I might buy a couple, and see how it does for the first couple months. I don't see it drastically dropping soon unless FB screws up massively with something.

Title: Re: Will you buy stock in Facebook?
Post by: Head Hunter on May 05, 2012, 04:07:29 PM

Norway. I they're on the way out. Just a matter of time till everyone moves on again like with myspace.

Title: Re: Will you buy stock in Facebook?
Post by: *MAFIA* Hellraiser on May 05, 2012, 05:18:28 PM

I already own 51 percent!!!!!

Title: Re: Will you buy stock in Facebook?
Post by: Loaded on May 05, 2012, 06:15:46 PM

MySpace was the shit at one time too... Something else will come along and knock poor Zuckerberg for a loop and (http://www.boston.com/ae/celebrity/more_names/blog/assets_c/2010/07/chan-thumb-202x304-17103.jpg) will find another money bags (not that she is all that).

Title: Re: Will you buy stock in Facebook?
Post by: *MAFIA* Meeester on May 05, 2012, 06:19:39 PM

I just don't see $95 BILLION in value. There is a large profit to be made with Facebook, but I believe it has already peaked and that this IPO is overstating that peak. I don't seeing Facebook increasing in value for more than 6 months before falling out.

Maybe a a couple billion with its huge user base and ad revenue, but $95 Billion is ridiculous.